Co-operative societies included in the categories of persons who are to deduct tax at source from payments to contractors and sub-contractors under the section with effect from 1-4-1973

Co-operative societies included in the categories of persons who are to deduct tax at source from payments to contractors and sub-contractors under the section with effect from 1-4-1973 https://www.taxtmi.com/circulars?id=4516 Section 194C is amended to require co-operative societies to deduct tax at source from payments to contractors for works and labour contracts; contractors (other than individuals or Hindu undivided families) receiving such contracts from co-operative societies must in turn deduct tax from payments to sub contractors. The obligation applies where consideration exceeds the statutory threshold and excludes sums paid or credited before the amendment's commencement. en-us Thu, 21 Jun 1973 00:00:00 +0530 Wed, 30 Jul 2008 12:27:00 +0530 TaxTMI RSS Generator Co-operative societies included in the categories of persons who are to deduct tax at source from payments to contractors and sub-contractors under the section with effect from 1-4-1973 https://www.taxtmi.com/circulars?id=4516 Section 194C is amended to require co-operative societies to deduct tax at source from payments to contractors for works and labour contracts; contractors (other than individuals or Hindu undivided families) receiving such contracts from co-operative societies must in turn deduct tax from payments to sub contractors. The obligation applies where consideration exceeds the statutory threshold and excludes sums paid or credited before the amendment's commencement. Circulars Income Tax Thu, 21 Jun 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4516